September 2, 2022
Major Asset Classes August 2022 Performance Comparison Introduction August returns have been finalized and confirm the end of the summer rally. Losses were evident across all major asset classes. For example, US equity indexes were down and fared better than developing market indices, but trailed the performance of emerging market […]
August 1, 2022
Major Asset Classes July 2022 Performance Comparison Introduction July returns for the S&P 500 index were positive for the second month this year. In fact, we saw the best returns seen since April 2020. Gains were evident across all major asset classes, though results varied by index. For example, US […]
July 14, 2022
S&P 500 Earnings Update – 2Q.2022 Prelude to Earnings Season The second quarter earnings season ((2Q.2022) has just begun. We share the latest earnings forecasts for the S&P 500 index. Market Context Return Profile Prices and returns for the S&P 500 index are profiled at right. In the second quarter, […]
July 3, 2022
Major Asset Classes June 2022 Performance Comparison Introduction June returns for the S&P 500 index had one of the largest drawdowns in the last 10 years. Red ink is evident across all major asset classes. US equity indexes have now fallen 4 out of the first 6 months of […]
June 3, 2022
Major Asset Classes May 2022 Performance Comparison Introduction May returns benefited from ‘spike lows’ in several asset markets, setting the stage for relief rallies over the second half of the month. Performance across US equity indexes was mixed with several sectors posting notable gains. Developed markets also posted positive gains […]
May 19, 2022
The Bumpy Road to Average Returns Since 1926, the US stock market has rewarded investors with an average annual return of about 10%. But it’s important to remember that performance in any given year may be sky-high, extremely poor, or somewhere in between. For example: Annual returns came within two […]
May 2, 2022
Major Asset Classes April 2022 Performance Comparison Introduction April market volatility was notable. Red ink swept across the monthly results for most asset classes, highlighting the need for active risk management and strategies for capital preservation. Equity and bond markets were down world-wide with few exceptions. Strength in the US […]
April 19, 2022
Think Twice Before Chasing the Biggest Large Cap Stocks The return profiles of companies change as they grow to become large cap stocks. This is especially true of the ten largest companies trading on the US stock market. Initially, the returns that pushed them into leadership positions were impressive. But […]
April 2, 2022
Major Asset Classes March 2022 Performance Comparison Introduction March returns across markets were extraordinary for their speed and scale. Returns across the asset classes were again dominated by events in Ukraine. Equity markets world-wide were up with only a few exceptions in the emerging markets. The market risk regime […]
March 2, 2022
Major Asset Classes February 2022 Performance Comparison Introduction February returns were dominated by events in Ukraine. Equity markets were down with only a few exceptions in emerging markets. Value again led growth, consumer defensive stocks beat consumer cyclical stocks, and small-cap beat large cap stocks. A consistent theme in February […]